Updated:
Celos
Celos operates as the private pension fund for employees of Celesc, the electric utility in Santa Catarina, Brazil. The fund was established to deliver...
Celos
Celos operates as the private pension fund for employees of Celesc, the electric utility in Santa Catarina, Brazil. The fund was established to deliver complementary social security benefits to that workforce. Its governance links back to the sponsor through board representation. The fund holds a 4.07 percent stake in Celesc shares on B3 and maintains an exclusive equity vehicle managed by Claritas. It also owns multiple commercial buildings in central Florianopolis and previously participated in FIP GEP, a real estate private equity vehicle from which it has exited. Geographic focus remains Brazil, with activity centered in Santa Catarina and national public markets. Asset allocation includes listed equities, fixed income, and direct property. Celos employs BNY Mellon and Citibank as custodians and retains Claritas as investment manager. It belongs to ABRAPP, ASCPREV, and ANAPAR, where its directors hold leadership positions. March 2026: Spoke at Conexões PREVIC on diversity and integrity in pension funds. The fund occupies the eighth floor of Torre A in Florianopolis. Celos maintains a sponsor-specific mandate that restricts participation to Celesc employees and ties investment decisions to the utility's regulatory and operational environment. This structure produces a concentrated exposure to Brazilian utilities and local real estate not typical of multi-employer plans.
General information
Firm type
Pension Fund
Year founded
1990
Location
Region
Europe
Country
Brazil
City
Florianopolis
Corporate office
Av. Hercilio Luz, 639 6th & 7th Floor Center, Florianopolis, SC, Brazil
Principals
Ivecio Pedro Felisbino Filho
President
Paulo César da Silveira
Director of Security
Leandro Nunes da Silva
Administrative-Financial Director
Sector focus
Frequently asked questions
Who runs investment decisions at Celos?
Ivecio Pedro Felisbino Filho serves as President. Paulo César da Silveira acts as Director of Security and Leandro Nunes da Silva serves as Administrative-Financial Director.
How is Celos related to Celesc?
Celesc founded Celos to provide complementary social security to its employees. The fund holds shares in Celesc and maintains board representation through its president.
Does Celos participate in fund commitments or only direct deals?
Celos has held positions in both listed equities and private vehicles such as FIP GEP. It also owns direct real estate assets in Florianopolis.
What is Celos's known posture on liquidity?
The fund is actively shifting its portfolio toward high-liquidity assets including government bonds and DI funds while reducing exposure to illiquid structured investments.
Which industry associations does Celos belong to?
Celos holds membership in ABRAPP, ASCPREV, and ANAPAR. Its directors have held leadership roles in Anapar.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on pension funds?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: